Insurance giant AIG (AIG), under pressure to break itself up from both activists and retail investors, could solve its profitability issues and shake up a stagnant industry by embracing modular insurance products, potentially even under the ownership of a major technology company like Google parent Alphabet (GOOG, GOOGL), Citi analyst Todd Bault proposed Tuesday. MODULARITY:…
Stocks are up – just ignore everything else… “all is well”. One of these things is not like the other… Stocks were panic-bought once Europe closed but Crude, Credit, and Carry crumbled… From the moment a UAE minister opened his mouth last Thursday afternoon, US equities have soared… This is the best 2-day gain for…
Silver is enjoying a bullish run this year, rallying 10% on the back of an unstable stock market, global economic slowdown, and a weaker U.S. dollar. Last year, the metal which is considered a monetary asset as well as an important industrial metal, had tanked 12%. The abysmal performance of the stock market has…
Photo Credit: NVIDIA Corporation NVIDIA Corporation (NVDA) Information Technology – Semiconductors | Reports February 17, After Market Closes Key Takeaways The Estimize consensus is calling for EPS of $0.35, 15% higher than the Street, and revenue expectations of $1.322 billion, roughly $20 million higher than the Street. The company is expanding out of traditional PC gaming into…
EVANSTON, Ill., Feb. 16, 2016 (GLOBE NEWSWIRE) — Fidus Investment Corporation (NASDAQ:FDUS) (“Fidus” or the “Company”) today announced that its Board of Directors has declared a quarterly dividend of $0.39 per share for the first quarter of 2016. The Company’s dividend will be payable on March 25, 2016 to stockholders of record as of March…
Stocks were in rally mode today after some recovery in the rest of the world while the US was on holiday. Stocks have risen back to the ‘dead cat bounce’ level of overheard resistance from former formations and support. Wall Street was out thumping dodgy financial paper today. I am sure that will prove to…
All traders are aware of the Death-Cross (when the 50-day moving average falls below the 200-day moving average) as a sell signal. Anyone who has been an active trader since 2008 also knows this frequently provides false signals and has ceased to be useful for its intended purpose. It is not unknown for something like…
Once investors see their powerful earnings growth they will flock to these three stocks, so buy shares now before they report earnings and watch their stock prices jump. Stocks hit a new low last week before rallying at week’s end on the strength of oil prices and the belief (in some circles) that equities are…
Oil bounced again briefly today in yet another one day wonder round-trip. The bounce and decline was related to a meaningless agreement between Saudi Arabia and Russia to Freeze Oil Production. Catch #1: It’s only a freeze, not a cutbackCatch #2: All the rest of OPEC has to go alongCatch #3: Russia is producing as much…
Photo Credit: Arturo Donate It’s been difficult to find bright spots this earnings season, and with less than 25% of the S&P 500 left to report, it looks like the fourth quarter will close as one of the worst since the recession. Not since the third quarter of 2009 has both top and bottom-line growth for…
